MEMPHIS, Tenn., Sept. 15, 2010 (GLOBE NEWSWIRE) -- First Horizon National Corp.'s (NYSE:FHN) enterprise technology division ranks 20th on the 2010 InformationWeek 500 list of the nation's most innovative users of business technology. First Horizon is the highest ranked traditional banking institution in the 2010 list. This is First Horizon's eighth appearance on the list.
A photo accompanying this release is available at
First Horizon earned recognition for transforming the business with technology solutions supporting the company's "bonefish" strategy. The bonefish is a graph of financial metrics in the shape of a fish skeleton, and it is designed to ensure alignment and accountability for corporate performance across all areas of the company. First Horizon's technology achievements include analytical reporting tools and a computer-based learning portal for the bonefish strategy. The diagram and computer training clearly define corporate goals and key financial drivers.
"The bonefish portal is part of our increased emphasis on information technology solutions that support First Horizon's corporate strategy. These tools have been a key part of First Horizon's success in transforming its business model," said Bruce Livesay, executive vice president and chief information officer for First Horizon. "We are proud to be honored by InformationWeek for our work to provide innovative and efficient technology solutions throughout the company."
Now in its 23rd year, the InformationWeek 500 tracks the information technology practices of the nation's most innovative IT organizations, providing a unique opportunity to understand and examine the business practices of these firms across core areas of operations including technology deployment, IT budgets, business-technology infrastructure and IT strategies.
About First Horizon
The 5,500 employees of First Horizon National Corp. (NYSE:FHN) provide financial services through more than 180 bank locations in and around Tennessee and 18 FTN Financial Group offices in the U.S. and abroad. First Tennessee has the leading combined market deposit share in the 17 Tennessee counties where it does business and one of the highest customer retention rates of any bank in the country. FTN Financial is an industry leader in fixed income sales, trading and strategies for institutional clients in the U.S. and abroad. FHN has been recognized as one of the nation's best employers by AARP and Working Mother magazines. More information can be found at .
CONTACT: First Horizon National Corporation Bruce Livesay (901) 523-5900 Media Relations Anthony Hicks (901) 523-4726